Find the maximum profit
How to Calculate Maximum Profit | Bizfluent
The profit function for a firm is P(x) = 80x – 0.1x2 – 7000. Find the number of units at which the maximum profit is achieved, and find the maximum profit. Find the vertex. a = -.1 b = 80. Plug in x=400. 80(400) – 0.1(400)2 – 7000 = 9000. Must sell 400 units to earn a maximum profit …
[DOC File]Applications of the Derivative – Optimization Problems
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Find the maximum profit and the amount of pants and jackets to maximize profit. Decision Variables: Constraints: Objective Function: Optimal Solution:Maximum Amount: A farmer has 10 acres to plant in wheat and rye. He has to plant at least 7 acres. However, he has only $1200 to spend and each acre of wheat costs $200 to plant and each acre of ...
[DOC File]Department Directory | Highline College
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The maximum profits are . There are increasing marginal returns when K is between 0 and 3. ... The profit-maximizing level of labor and output is achieved where . Here, and per day. Solving yields L = 16. The profit-maximizing level of output is units. The firm’s fixed costs are $10,000, its variable costs are $100(16) = $1,600, and its total ...
[DOC File]Linear Programming Word Problems
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Find the maximum revenue. Find the maximum profit. If an object is thrown upward with an initial velocity of 128 ft/sec, then its height after t seconds is given by . Find the maximum height obtained by the object. Find the number of seconds it takes to hit the ground. Section 10.3. For each of the following, select an appropriate graph:
[DOCX File]Algebra II - Winston-Salem/Forsyth County Schools
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(a) Find the maximum revenue, the production level that will maximize the revenue, and the price that . the company should charge for each player to maximize the revenue. (b) Find the maximum profit, the production level that will maximize the profit, and the price that the company should charge for each player to maximize the profit.
[DOC File]Math 101 – Exam 2 – Concept Review
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Find the schedule of classes that gives the maximum profit. 2) A carpenter makes bookcases in 2 sizes, small and large. It takes 4 hours to make a large bookcase and 2 hours to make a small one. The profit on the large bookcase is $35 and on a small bookcase it is $20. The carpenter can spend only 32 hours per week making bookcases and must ...
[DOCX File]Ds Math - Welcome to the Site
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Find the maximum profit and the amount of pants and jackets to maximize the profit. Let x = ski pants and y = ski jackets. Since there cannot be negative pants or jackets, write two inequalities to represent that situation. Express the cutters’ time to make pants and jackets as an inequality.
[DOC File]Chapter 5: Answers to Questions and Problems
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The maximum profit is $32 and happens at the vertex (4, 3). So the factory should make 4 soccer balls and 3 vollyballs. Title: Algebra 2: Linear Programming Notes (Word Problems) Author: Kristen Hummel Last modified by: c316t Created Date: 10/14/2010 8:42:00 PM Company: Hewlett-Packard
[DOC File]1 - Radford
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Find the maximum profit. What price per unit should be charged to obtain maximum profit? Some of these problems are taken from Calculus, 4th ed by Stewart, Calculus,7th ed, by Anton, Bivens & Davis, Calculus,7th ed, by Larson, Hostetler & Edwards, and Calculus with Applications, 6th ed, by Miller, Lial & Greenwell.
[DOC File]New Chapter 3
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The profit function for a firm making widgets is P(x) = 154x − x2 − 1600. Find the number of units at which maximum profit is achieved. x = 1 units Find the maximum profit. $ 2 . 9. - Question Details HarMathAp9 2.3.032. [1315846] Suppose a company has fixed costs of $2100 and variable costs of
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